Lloyds dives 40% on HBOS £10bn black hole

Discussion in 'The Intelligence Cell' started by Blogg, Feb 13, 2009.

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  1. Thats me a tad poorer then! I like the fact that £1 million salary is considered "relatively modest!" 8O
  2. My instinct is to spend a quick £150 an buy LLOY but it was at 44p a month ago, so not enough of a dip. Secondly, Lloyds is clearly on its last legs now.
  3. Yup.

    BBC website kept increasing the amount over the course of half an hour.
    Started at £6.5bn, went through £8.5bn and now seems to have settled at £10bn.

    The FT shareprice tracker is priceless:

    Check out the trading volumes at the bottom. Approx ten mins before the announcement some fecker decides 'on a whim' to dump everything....
  4. Christ, last time I saw a drop like that was on a ride at Alton Towers.
  5. mercurydancer

    mercurydancer LE Book Reviewer

    So now we know where the UK's toxic debt has gone.

  6. The man at HBOS who has sold this debt onto the UK taxpayers will earn at least a £10 million bonus this year :lol:
  7. mercurydancer

    mercurydancer LE Book Reviewer


    I dont doubt for one minute that Broon and Captain Darling didnt know that the HBOS banker was in for a ten million pound bonus. They should have stopped it.

    Obama... please make us the next US State... and hurry.